Author: David F. Ruccio Publisher: Princeton University Press ISBN: 1400880114 Category : Business & Economics Languages : en Pages : 372
Book Description
Of all the areas of contemporary thought, economics seems the most resistant to the destabilizing effects of postmodernism. Yet, David Ruccio and Jack Amariglio argue that one can detect, within the diverse schools of thought that comprise the discipline of economics, "moments" that defy the modernist ideas to which many economists and methodologists remain wedded. This is the first book to document the existence and to explore the implications of the postmodern moments in modern economics. Ruccio and Amariglio begin with a powerful argument for the general relevance of postmodernism to contemporary economic thought. They then conduct a series of case studies in six key areas of economics. From the idea of the "multiple self" and notions of uncertainty and information, through market anomalies and competing concepts of value, to analytical distinctions based on gender and academic standing, economics is revealed as defying the modernist frame of a singular science. The authors conclude by showing how economic theory would change if the postmodern elements were allowed to flourish. A work of daring analysis sure to be vigorously debated, Postmodern Moments in Modern Economics is both accessible and relevant to all readers concerned about the modernist straightjacket that has been imposed on the way economics is thought about and practiced in the world today.
Author: David F. Ruccio Publisher: Princeton University Press ISBN: 0691171009 Category : Business & Economics Languages : en Pages : 371
Book Description
Of all the areas of contemporary thought, economics seems the most resistant to the destabilizing effects of postmodernism. Yet, David Ruccio and Jack Amariglio argue that one can detect, within the diverse schools of thought that comprise the discipline of economics, "moments" that defy the modernist ideas to which many economists and methodologists remain wedded. This is the first book to document the existence and to explore the implications of the postmodern moments in modern economics. Ruccio and Amariglio begin with a powerful argument for the general relevance of postmodernism to contemporary economic thought. They then conduct a series of case studies in six key areas of economics. From the idea of the "multiple self" and notions of uncertainty and information, through market anomalies and competing concepts of value, to analytical distinctions based on gender and academic standing, economics is revealed as defying the modernist frame of a singular science. The authors conclude by showing how economic theory would change if the postmodern elements were allowed to flourish. A work of daring analysis sure to be vigorously debated, Postmodern Moments in Modern Economics is both accessible and relevant to all readers concerned about the modernist straightjacket that has been imposed on the way economics is thought about and practiced in the world today.
Author: James Ming Chen Publisher: Springer ISBN: 1137544643 Category : Business & Economics Languages : en Pages : 339
Book Description
This survey of portfolio theory, from its modern origins through more sophisticated, “postmodern” incarnations, evaluates portfolio risk according to the first four moments of any statistical distribution: mean, variance, skewness, and excess kurtosis. In pursuit of financial models that more accurately describe abnormal markets and investor psychology, this book bifurcates beta on either side of mean returns. It then evaluates this traditional risk measure according to its relative volatility and correlation components. After specifying a four-moment capital asset pricing model, this book devotes special attention to measures of market risk in global banking regulation. Despite the deficiencies of modern portfolio theory, contemporary finance continues to rest on mean-variance optimization and the two-moment capital asset pricing model. The term postmodern portfolio theory captures many of the advances in financial learning since the original articulation of modern portfolio theory. A comprehensive approach to financial risk management must address all aspects of portfolio theory, from the beautiful symmetries of modern portfolio theory to the disturbing behavioral insights and the vastly expanded mathematical arsenal of the postmodern critique. Mastery of postmodern portfolio theory’s quantitative tools and behavioral insights holds the key to the efficient frontier of risk management.
Author: Fredric Jameson Publisher: Duke University Press ISBN: 9780822310907 Category : Literary Criticism Languages : en Pages : 474
Book Description
Now in paperback, Fredric Jameson’s most wide-ranging work seeks to crystalize a definition of ”postmodernism”. Jameson’s inquiry looks at the postmodern across a wide landscape, from “high” art to “low” from market ideology to architecture, from painting to “punk” film, from video art to literature.
Author: Antonio Callari Publisher: Guilford Press ISBN: 9780898624243 Category : Business & Economics Languages : en Pages : 588
Book Description
Diverse Marxian intellectual cultures are having important effects on political struggles over the subjects of history and knowledge, international law, television, the state, democratic theories and institutions, bodies, sexuality, masculinity, environmentalism, postmodernism, labor, the meanings of the end of the USSR, children, archaeology, the meanings of Columbus, cartography, the North American economy, welfare, NAFTA, the Gulf War, higher education, and the many other topics discussed by the contributors to this important volume. These essays show readers how Marxism's continuing vitality derives from its profound allegiance to diverse struggles for social justice. At this moment we need progressive imaginaries alternative to the tired and ineffectual ones that have left us with enormous challenges and compelling questions on every aspect of contemporary social relations. Here, well-known thinkers are joined by important new voices in exploring fruitful directions for vision, analysis, and political action. This is without question the best collection of mediations so far on postorthodox Marxian tendencies in contemporary global cultures.
Author: Jean-François Lyotard Publisher: U of Minnesota Press ISBN: 9780816611737 Category : Philosophy Languages : en Pages : 142
Book Description
In this book it explores science and technology, makes connections between these epistemic, cultural, and political trends, and develops profound insights into the nature of our postmodernity.
Author: Arjo Klamer Publisher: Routledge ISBN: 1134158246 Category : Business & Economics Languages : en Pages : 222
Book Description
Making sense of economists and their world in a persuasive and entertaining style, Arjo Klamer, the author of a number of influential books including Conversation with Economists and The Consequences of Economic Rhetoric, shows that economics is as much about how people interact as it is about the models, the mathematics, the econometrics, the theories and the ideas that come from the enormous aggregate of economics literature. Knowing and understanding economics requires both bookwork and mingling with other economists. Viewing the subject as a collection of conversations, Klamer examines fundamental disagreements over the nature and purpose of the discipline, addressing how it is that a discipline that so permeates daily life is at once ‘soft’ and scientific, powerful and ignored, noble and disdained and in a reader-friendly style – without eschewing academic methodology demonstrates economics to be a living, breathing discipline rooted in the real world. Whether you are a student, academician, journalist, practising economist or interested outsider, Speaking of Economics will get you interested in a conversation about economics.
Author: Stuart Jeffries Publisher: Verso Books ISBN: 1788738225 Category : Social Science Languages : en Pages : 385
Book Description
A radical new history of a dangerous idea Post-Modernity is the creative destruction that has shattered our present times into fragments. It dynamited modernism which had dominated the western world for most of the 20th century. Post-modernism stood for everything modernism rejected: fun, exuberance, irresponsibility. But beneath its glitzy surface, post-modernism had a dirty secret: it was the fig leaf for a rapacious new kind of capitalism. It was also the forcing ground of the 'post truth', by means of which western values got turned upside down. But where do these ideas come from and how have they impacted on the world? In his brilliant history of a dangerous idea, Stuart Jeffries tells a narrative that starts in the early 1970s and continue to today. He tells this history through a riotous gallery that includes David Bowie, the Ipod, Frederic Jameson, the demolition of Pruit-Igoe, Madonna, Post-Fordism, Jeff Koon's 'Rabbit', Deleuze and Guattari, the Nixon Shock, The Bowery series, Judith Butler, Las Vegas, Margaret Thatcher, Grand Master Flash, I Love Dick, the RAND Corporation, the Sex Pistols, Princess Diana, the Musee D'Orsay, Grand Theft Auto, Perry Anderson, Netflix, 9/11 We are today scarcely capable of conceiving politics as a communal activity because we have become habituated to being consumers rather than citizens. Politicians treat us as consumers to whom they must deliver. Can we do anything else than suffer from buyer's remorse?
Author: Warren J. Samuels Publisher: Springer Science & Business Media ISBN: 9401713774 Category : Business & Economics Languages : en Pages : 265
Book Description
1 Warren J. Samuels The study of economics as discourse requires a perspective that focuses on the relationships among knowledge (or truth), discourse (or lan guage), and meaning. Central to this task is the recognition that the con duct of economic analysis uses words and that words embody meanings that are applied to the object of study, but do not necessarily derive from that object although they define that object for us. Knowledge Economists are engaged in efforts to understand and explain the econ omy. In the pursuit of this knowledge they have attempted to make coherent the respect(s) in which belief is to be accepted as knowledge, or the sense(s) in which this knowledge has the quality of "truth. " The field of methodology in economics parallels the fields of epistemology and philosophy of science in the attempt to make sense of and to prescribe the terms on which efforts at knowledge may be accepted as "true," or the terms on which statements can be accepted as "knowledge. " The conduct of such methodological inquiry typically treats economics as a science 1 2 ECONOMICS AS DISCOURSE engaged in the pursuit of truth as an epistemological category - though there have almost always been economists who were skeptical of the status of economics as a science, and the pursuit of knowledge is only one of three putative function of economics, the other two being psychic balm and social control.
Author: David F. Ruccio
Author: Stephen Cullenberg
Author: David F. Ruccio
Author: James Ming Chen
Author: Fredric Jameson
Author: Antonio Callari
Author: Jean-François Lyotard
Author: Arjo Klamer
Author: Stuart Jeffries
Author: Warren J. Samuels